The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
NZD/USD close to reach an offer zone
During the last few days, NZD/USD has been recovering from the broad-based weakness seen in the week, now consolidating gains slightly above the 50 SMA at H1 chart. As the pair already found resistance in the Fibonacci level of 50% at 0.6974, we could expect another leg higher towards the 61.8% Fibo zone at 0.6992, where the 200 SMA is located. If Kiwi touches such area, then we can expect a drop to test the 0.6841 level, where lies the Fibonacci level of -23.6%.
RSI indicator stays in the neutral territory.
Felipe Erazo
Similar
Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
EUR/USD at the 3-weeks low
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Latest news
GBP/USD: levels to trade
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
AUD/JPY needs to decide
AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Deposit with your local payment systems
